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Markets

Mexico's peso slips on global economic woes

Published Updated

mexico-peso MEXICO CITY: Mexico's peso weakened sharply on Thursday as sentiment over the global economy soured after the Federal Reserve minutes showed hesitation on Wednesday over providing new stimulus measures.

The currency marked a session low, shedding 1.5 percent to 13.5230 per US dollar. The peso had hit its strongest point in two months during the last session.

Copyright Reuters, 2012

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